This property might be a fair Long-Term investment with a projected 1.53% first-year return on $37,590 initial cash invested.
1.53%
Cash On Cash
7.54%
Cap Rate
1.12
DSCR
$1,517
Rent
$48
Cashflow
Cash Flow
$1,517 income − $1,469 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,590
Downpayment
20%
$35,800
Closing costs
1%
$1,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,517
Total Expenses
$1,469
Mortgage P&I
66%
$1,001
Property Taxes
1%
$10
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0